Specialty Insurance Veteran Introduces New MGA-Focused Holding Company
Fort Wayne, Indiana, April 11, 2016 — A group of investors led by Matthew Sackett, former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the formation of DOXA Insurance Holdings, LLC (DOXA). DOXA is a company built to partner with and acquire managing general agents (MGAs) that focus on specialty commercial property and casualty niches. The company is based in Fort Wayne, Indiana, and may be reached at (260) 437-0091 or online at www.DoxaInsurance.com
More specifically and by design, DOXA seeks small to medium, independently owned and operated MGAs that have established brand recognition within their niche markets, have track records of success, and whose ownership anticipates or is actively seeking a business succession option without limiting or sacrificing full control of operations.
“Medium and small MGAs are often overlooked by firms that are actively acquiring within the insurance industry. The ‘bigger is better’ mindset prevails,” explains Sackett, CEO of DOXA Insurance Holdings. “From our experience, there is a tremendous amount of knowledge, passion, and creativity within what the industry refers to as a ‘small MGA.’ DOXA’s goal is to partner with these smaller to mid-sized agencies, assist their growth and operational objectives with DOXA’s experience, and allow each proprietor to continue managing but with the freedom to consider his or her next steps.”